Are you about starting a hedge fund business? If YES, here is a complete sample hedge fund business plan template & feasibility study you can use for FREE. If you are a big time investor looking for ways to expand your investment portfolio, then you should consider starting a hedge fund firm. You may want to ask ‘what is a hedge fund?

What is a Hedge Fund?

Hedge fund can be simply defined as is a regulated investment fund (a much wider range of investment and trading activities) that is typically open to a limited range of investors who pay a performance fee to the fund’s investment manager who invest the funds and bring returns. The investment could either be a long term investment or a short term investment.

Hedge funds manager are known to invest in a broader range of assets, which includes long term and short term investment in equity, bonds, commodities, and derivatives et alit you run a hedge fund firm, the easiest ways for you to make money is to help your clients make more money.

The income you generate is based on your performance which is why most hedge fund managers employ different investment strategies to generate good returns for their clients. In other words, the performance fee is indeed the defining characteristic of a hedge fund.

What It Take to Start a Hedge Fund Business Successfully?

If you are looking towards starting your own hedge fund, then should be ready to manage a small highly professional workforce. This is so because on the average, hedge fund firms are known to manage huge assets with relatively few employees. Hence the stiffer competition in the hedge fund industry amongst those seeking for job openings in the industry.

Saying that Hedge funds investment is a risky venture is just stating the obvious because hedge funds aren’t regulated by the government or any financial regulatory body because it is limited to friends, business partners and families and not open to the general public. The risk involved in hedge funds is what makes it open to only few accredited investors. Here below is a sample hedge fund business plan;

A Sample Hedge Fund Business Plan Template

1. Industry Overview

Hedge funds is simply an investment medium that enables big time accredited investors or well established institutions pool cash or capital together to be able to invest in securities and any other form of investment opportunity that requires large initial capital to invest in.

The fact that hedge funds requires large capital makes it easier for only the rich and accredited investors to cash in on it. Hedge funds are only open to limited partners with the required cash for investing in capital intensive business portfolios.

The concept and term ‘Hedge Fund’ was created by Alfred Jones in 1949. He founded A.W. Jones, which is a partnership with four friends, and through this investment vehicle, they were able to invest one hundred thousand U.S. dollars ($100,000) in the stock market.

They employ both long and short positions. The bottom line is that, they were able to generate 17.3 percent returns during the first year of investment and that was enough to set the ball rolling for hedge fund investment et al. In the united states of America, the hedge fund industry is estimated to be a $1.2 trillion industry with approximately 9,000 active hedge funds and funds of funds.

Statistics has it that in December 2009, the largest – top 25 hedge fund managers had an estimate of $520 billion in assets under management. Amongst the list are Bridgewater Associates, Paulson & Co., and Soros Fund Management.

History has it that hedging out unwanted risk has been a common business activity in the financial markets for centuries. Which is why as far back as the 18th centuries, commodity manufacturers and merchants have started using forward contracts to protect themselves against futures changes in commodity prices— they do it in order to hedge out the risk of adverse market fluctuations beyond their control.

Forward contracts are still pretty much traded to this day in the futures / commodities market. Hedge Funds Investment is not open for all and sundry basically because it requires large capital to invest in it. The amount required to invest in hedge funds could range from 1 Million US Dollars to even multiple Millions of Dollars.

Each Hedge fund managers have their requirements, so just ensure that you save up large amount of cash that can meet the investment requirement of the average hedge funds you can find. Hedge fund firms are known to generate income by charging both a management fee and a performance fee from their clients.

On the average, hedge fund firms charges between 1 percent and 2 percent of assets under their management annually and the performance fees is about 20% of gross profits returned by the fund which is usually based on certain constraints.

There are several hedge fund firms in the United States of America but that does not in any way place a cap on the industry. If you know you have studied the industry and you have vast and unique investment strategies, then you can come into the industry and make profits.

Despite the high volatility of the market, investors still choose to invest in hedge funds because of the huge returns on their investment they stand to gain if they get it right. Hedge funds are known to provide access to a wide range of investment styles, strategies and hedge fund managers for one easy-to-administer investment.

Hedge fund provides more predictable returns (depending on the objectives of the fund of funds), than traditional investment funds and it provides effective diversification for investment portfolios.

2. Executive Summary

JB Moses & Associates, LLP is a registered, licensed and accredited hedge fund management firm that will be based in New York City – New York.

The company will handle all aspect of hedge fund management and related services such as offering equity long bias, equity long-only, equity long/short and equity market neutral funds, offering fixed income funds, offering emerging market funds, offering event-driven funds, offering multi-strategy funds, offering macro funds, offering distressed securities funds and other related.

We are aware that to run a standard hedge fund management firm can be demanding which is why we are well trained, certified and equipped to perform excellently well.

JB Moses & Associates, LLP is a client – focused and result driven hedge funds managers that provides broad- based services i.e. pool investments, securities or other assets on behalf of shareholders, unit holders or other beneficiaries at an affordable fee that won’t in any way put a hole in the pocket of our clients.

We will offer trusted and profitable hedge funds management services to all to our individual clients, and corporate clients at local, state, national, and international level. We will ensure that we work hard to meet and surpass our clients’ expectations whenever they invest their funds with us.

At JB Moses & Associates, LLP, our client’s best interest would always come first, and everything we do is guided by our values and professional ethics. We will ensure that we hire professionals who are well experienced in managing hedge funds and other investment portfolios with good track record of return on investments.

JB Moses & Associates, LLP will at all times demonstrate her commitment to sustainability, both individually and as a firm, by actively participating in our communities and integrating sustainable business practices wherever possible.

We will ensure that we hold ourselves accountable to the highest standards by meeting our client’s needs precisely and completely. We will cultivate a working environment that provides a human, sustainable approach to earning a living, and living in our world, for our partners, employees and for our clients.

Our plan is to position the business to become one of the leading brands in hedge funds management line of business in the whole of New York City, and also to be amongst the top 20 hedge funds management firms in the United States of America within the first 10 years of operations.

This might look too tall a dream but we are optimistic that this will surely be realized because we have done our research and feasibility studies and we are enthusiastic and confident that New York is the right place to launch our hedge fund management business before sourcing for clients from other cities in The United States of America.

JB Moses & Associates, LLP is founded by Johnbull Moses and his business partners for many years. The organization will be managed by both of them since they have adequate working experience to manage such business.

Johnbull Moses has well over 15 years of experience working at various capacities as hedge fund manager, mutual fund manager and other investment portfolio management in the United States of America. Mr. Johnbull Moses graduated from both University of California – Berkley with a Degree in Accounting, and University of Harvard (MSc.) and he is an accredited and certified hedge fund manager.

3. Our Product and Services

JB Moses & Associates, LLP is going to offer varieties of services within the scope of the financial investment services industry in the United States of America. Our intention of starting our hedge fund management firm is to work with big time investors who can afford to invest their funds with hedge funds managers.

We are well prepared to make profits from the industry and we will do all that is permitted by the law in the United States to achieve our business goals, aim and ambition. Our business offering are listed below;

  • Offering equity long bias, equity long-only, equity long/short and equity market neutral funds
  • Offering fixed income funds
  • Offering emerging market funds
  • Offering event-driven funds
  • Offering multi-strategy funds
  • Offering macro funds
  • Offering distressed securities funds

4. Our Mission and Vision Statement

  • Our vision is to build a hedge fund management brand that will become one of the top choices for investors in the whole of New York City – New York. Our vision reflects our values: integrity, service, excellence and teamwork.
  • Our mission is to position the business to become one of the leading brands in hedge funds management line of business in the whole of New York City, and also to be amongst the top 20 hedge funds management firms in the United States of America within the first 10 years of operations.

Our Business Structure

Ordinarily we would have settled for two or three employees, but as part of our plan to build a standard hedge funds management business in New York City – New York, we have perfected plans to get it right from the beginning which is why we are going the extra mile to ensure that we have qualified, competent, honest and hardworking employees to occupy all the available positions in our firm.

The picture of the kind of hedge fund management business we intend building and the business goals we want to achieve is what informed the amount we are ready to pay for the best hands available in and around New York and environs as long as they are willing and ready to work with us to achieve our business goals and objectives.

Below is the business structure that we will build JB Moses & Associates, LLP;

  • Chief Executive Officer
  • Hedge Fund Manager / Portfolio Manager
  • Admin and HR Manager
  • Risk Manager
  • Marketing and Sales Executive
  • Chief Financial Officer (CFO) / Chief Accounting Officer (CAO).
  • Customer Care Executive / Front Desk Officer

5. Job Roles and Responsibilities

Chief Executive Office:

  • Increases management’s effectiveness by recruiting, selecting, orienting, training, coaching, counseling, and disciplining managers; communicating values, strategies, and objectives; assigning accountabilities; planning, monitoring, and appraising job results; developing incentives; developing a climate for offering information and opinions; providing educational opportunities.
  • Creating, communicating, and implementing the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
  • Responsible for fixing prices and signing business deals
  • Responsible for providing direction for the business
  • Creates, communicates, and implements the organization’s vision, mission, and overall direction – i.e. leading the development and implementation of the overall organization’s strategy.
  • Responsible for signing checks and documents on behalf of the company
  • Evaluates the success of the organization

Hedge Fund Manager / Portfolio Manager

  • Providing market research and implementing new investment product and strategies
  • Create research and review platforms for new, existing and potential investment products
  • Exceed client expectations with returns on investments
  • Work closely with analysts and traders to ensure trading strategy is carried out correctly
  • Construct and review performance reports to show to investors
  • Work directly with marketer to relay investment strategy and risk measures for website and other forms of marketing for your hedge fund
  • Performing due diligence visits and assessing investment management firms and quantitatively analyzing investment pools
  • Having extensive knowledge of industry policies and regulations set in place by the SEC
  • Focusing on capital introductions and networking to sign up new investors to your fund

Risk Manager

  • Planning, designing and implementing an overall risk management process for the organization;
  • Risk assessment, which involves analyzing risks as well as identifying, describing and estimating the risks affecting the business;
  • Risk evaluation, which involves comparing estimated risks with criteria established by the organization such as costs, legal requirements and environmental factors, and evaluating the organization’s previous handling of risks;
  • Establishing and quantifying the organization’s ‘risk appetite’, i.e. the level of risk they are prepared to accept;
  • Risk reporting in an appropriate way for different audiences, for example, to the board of directors so they understand the most significant risks, to business heads to ensure they are aware of risks relevant to their parts of the business and to individuals to understand their accountability for individual risks;
  • Corporate governance involving external risk reporting to stakeholders;
  • Carries out processes such as purchasing insurance, implementing health and safety measures and making business continuity plans to limit risks and prepare for if things go wrong;
  • Conducts audits of policy and compliance to standards, including liaison with internal and external auditors;
  • Provides support, education and training to staff to build risk awareness within the organization.

Admin and HR Manager

  • Responsible for overseeing the smooth running of HR and administrative tasks for the organization
  • Design job descriptions with KPI to drive performance management for clients
  • Regularly hold meetings with key stakeholders to review the effectiveness of HR Policies, Procedures and Processes
  • Maintains office supplies by checking stocks; placing and expediting orders; evaluating new products.
  • Ensures operation of equipment by completing preventive maintenance requirements; calling for repairs.
  • Defines job positions for recruitment and managing interviewing process
  • Carrying out staff induction for new team members
  • Responsible for training, evaluation and assessment of employees
  • Responsible for arranging travel, meetings and appointments
  • Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
  • Oversee the smooth running of the daily office activities.

Marketing / Investor Relations Officer

  • Identify, prioritize, and reach out to new partners, and business opportunities et al
  • Identifies development opportunities; follows up on development leads and contacts; participates in the structuring and financing of projects; assures the completion of relevant projects.
  • Writing winning proposal documents, negotiate fees and rates in line with company policy
  • Responsible for handling business research, marker surveys and feasibility studies for clients
  • Responsible for supervising implementation, advocate for the customer’s needs, and communicate with clients
  • Develops, executes and evaluates new plans for expanding increase sales
  • Documents all customer contact and information
  • Represents the company in strategic meetings
  • Helps to increase sales and growth for the company

Chief Financial Officer (CFO) / Chief Accounting Officer (CAO)

  • Responsible for preparing financial reports, budgets, and financial statements for the organization
  • create reports from the information concerning the financial transactions recorded by the bookkeeper
  • Prepare the income statement and balance sheet using the trial balance and ledgers prepared by the bookkeeper.
  • Provides managements with financial analyses, development budgets, and accounting reports; analyzes financial feasibility for the most complex proposed projects; conducts market research to forecast trends and business conditions.
  • Responsible for financial forecasting and risks analysis.
  • Performs cash management, general ledger accounting, and financial reporting for one or more properties.
  • Responsible for developing and managing financial systems and policies
  • Responsible for administering payrolls
  • Ensuring compliance with taxation legislation
  • Handles all financial transactions for the company
  • Serves as internal auditor for the company

Client Service Executive / Front Desk Officer

  • Welcomes guests and clients by greeting them in person or on the telephone; answering or directing inquiries.
  • Ensures that all contacts with clients (e-mail, walk-In center, SMS or phone) provides the client with a personalized customer service experience of the highest level
  • Through interaction with clients on the phone, uses every opportunity to build client’s interest in the company’s products and services
  • Manages administrative duties assigned by the manager in an effective and timely manner
  • Consistently stays abreast of any new information on the company’s products, promotional campaigns etc. to ensure accurate and helpful information is supplied to clients
  • Receives parcels / documents for the company
  • Distribute mails in the organization
  • Handles any other duties as assigned my the line manager

6. SWOT Analysis

JB Moses & Associates, LLP engaged the services of a core professional in the area of business structuring to assist our organization in building a well – structured hedge fund management business that can favorably compete in the highly competitive fund management and investment services industry.

Part of what the team of business consultant did was to work with the management of our organization in conducting a SWOT analysis for JB Moses & Associates, LLP. Here is a summary from the result of the SWOT analysis that was conducted on behalf of JB Moses & Associates, LLP;

  • Strength:

Our core strength lies in the power of our team; our workforce. We have a team that can go all the way to give our clients value for their money (good returns on their investment); a team that are trained and equipped to pay attention to details and to deliver excellent jobs. We are well positioned and we know we will attract loads of clients from the first day we open our doors for business.

  • Weakness:

As a new hedge fund management firm, it might take some time for our organization to break into the market and gain acceptance especially from corporate clients in the already saturated funds management and investment services industry; that is perhaps our major weakness. So also we may not have the required cash to give our business the kind of publicity we would have loved to.

  • Opportunities:

The opportunities in the fund management and investment services industry is massive considering the number of investors who would want to increase their investment portfolio. As a standard and accredited hedge fund manager, we are ready to take advantage of any opportunity that comes our way.

  • Threat:

Hedge fund involves large amount of cash and it is known to be a very high risk venture. Hence, whoever chooses to manage it must not just have solid investment background, but must also know how to handle risks. The truth is that if you are not grounded in risks management as a hedge fund manager, you may likely throw away peoples’ monies and investment.

That is why it’s often said that you don’t learn the ropes with hedge funds; rookies hardly survive managing hedging funds without first cutting their teeth elsewhere. Just as in any other business and investment vehicles, economic downturn, unstable financial market and unfavorable government economic policies can hamper the growth and profitability of hedge funds.

7. MARKET ANALYSIS

  • Market Trends

If you look through some of the top hedge fund firms, you will realize that most of them have their headquarters in New York City. This is so because New York is one of the world’s business headquarters; key business decisions that shape the world of business are taken in New York.

The nature of hedge fund investment requires the services of core investment professionals. As a matter of fact, before any investor can commit their hard earned money under you’re the care of a hedge fund manager; they usually would want to know the profile of the hedge fund manager.

On the average, hedge fund firms employ strategies that can help them reduce market risk specifically by shorting equities or through the use of derivatives. Which is why many hedge fund strategies, mostly arbitrage strategies, are limited as to how much capital they can successfully employ before returns starts diminishing. Little wonder most successful hedge fund managers place limit on the amount of capital they will accept per time.

8. Our Target Market

Hedge funds is simply an investment medium that enables big time accredited investors or well established institutions pool cash or capital together to be able to invest in securities and any other form of investment opportunity that requires large initial capital to invest in.

The fact that hedge funds requires large capital makes it easier for only the rich and accredited investors to cash in on it. Hedge funds are only open to limited partners with the required cash for investing in capital intensive business portfolios.

As a standard, accredited and licensed hedge fund management firm, JB Moses & Associates, LLP offers a wide range of investment portfolio management services hence we are well trained and equipped to services a wide range of clientele base.

Our target market cuts across businesses and investors that have the required capital to invest in hedge fund. We are coming into the industry with a business concept and investment strategies that will enable us produce good returns on investment for our clients.

Below is a list of the individual and organizations that we have specifically design our products and services for;

  • Accredited Investors
  • Wealthy People in the Society
  • Investment Clubs
  • Top corporate executives
  • Corporate Organizations / Blue Chip Companies

Our competitive advantage

Despite the fact that hedge funds give huge returns on investment, it is indeed risky venture. If you drive through the street of New York City, you will come across several hedge fund firms; that goes to show you that there are competitions in the industry.

For you to survival as a hedge fund firm, you should be able to come up with workable investment strategies; strategies that will help you attract the required cash / capital and above all you should be a good risks manager.

We are quite aware that to be highly competitive in the fund managers and investment services industry means that we should be able to give good returns on investments to our clients, deliver consistent quality service, our clients should be satisfied with our investment strategies and we should be able to meet the expectations of clients.

JB Moses & Associates, LLP might be a new entrant into the hedge fund management services industry in the United States of America, but the management staffs and owners of the business are considered gurus. They are people who are core professionals and licensed and highly qualified portfolio management experts in the United States. These are part of what will count as a competitive advantage for us.

Lastly, our employees will be well taken care of, and their welfare package will be among the best within our category (start – ups hedge fund management businesses) in the industry meaning that they will be more than willing to build the business with us and help deliver our set goals and achieve all our aims and objectives.

9. SALES AND MARKETING STRATEGY

We are mindful of the fact that there is stiffer competition amongst hedge fund managers and other related financial consulting service providers in the United States of America; hence we have been able to hire some of the best business developer to handle our sales and marketing.

Our sales and marketing team will be recruited base on their vast experience in the industry and they will be trained on a regular basis so as to be well equipped to meet their targets and the overall goal of the organization.

We will also ensure that our return on investment and excellent job deliveries speaks for us in the market place; we want to build a standard hedge fund management business that will leverage on word of mouth advertisement from satisfied clients (both individuals and corporate organizations).

Our goal is to grow our hedge fund management firm to become one of the top 20 hedge fund management firms in the United States of America which is why we have mapped out strategy that will help us take advantage of the available market and grow to become a major force to reckon with not only in the New York City but also in other cities in the United States of America.

JB Moses & Associates, LLP is set to make use of the following marketing and sales strategies to attract clients;

  • Introduce our business by sending introductory letters alongside our brochure to corporate organizations, accredited investors, top corporate executives and key stake holders in New York City and other cities in The United States
  • Advertise our business in relevant financial and business related magazines, newspapers, TV stations, and radio station.
  • List our business on yellow pages ads (local directories)
  • Attend relevant international and local finance and business expos, seminars, and business fairs et al
  • Create different packages for different category of clients (start – ups and established corporate organizations) in order to work with their budgets and still deliver good returns on investment
  • Leverage on the internet to promote our business
  • Engage direct marketing approach
  • Encourage word of mouth marketing from loyal and satisfied clients

Our Pricing Strategy

Hedge fund managers make their money on commission; they charge their client some percentage of the capital invested and service charges et al.

At JB Moses & Associates, LLP we will keep our fees below the average market rate for all of our clients by keeping our overhead low and by collecting payment in advance. In addition, we will also offer special discounted rates to our loyal and repeated customers.

  • Payment Options

At JB Moses & Associates, LLP our payment policy will be all inclusive because we are quite aware that different people prefer different payment options as it suits them. Here are the payment options that we will make available to our clients;

In view of the above, we have chosen banking platforms that will help us achieve our plans with little or no itches.

10. Publicity and Advertising Strategy

The uniqueness of hedge fund firms is such that it is the result they produce that helps boost their brand awareness. Hedge fund firms do not go out there to source any investors that they can come across but they are strategic when it comes to inviting investors to invest in their hedge funds.

It will be out of place to boost your hedge fund brand if you have not proven your worth in the industry. If you have successfully proven that you have what it takes to operate a hedge fund firm, then you next port of call is to strategically engage the media to help you promote your brand and also to create a positive corporate identity.

We have been able to work with our brand and publicity consultants to help us map out publicity and advertising strategies that will help us walk our way into the heart of our target market. We are set to take the hedge fund management services industry by storm which is why we have made provisions for effective publicity and advertisement of our travels and tours agencies.

Below are the platforms we intend to leverage on to promote and advertise JB Moses & Associates, LLP;

  • Place adverts on both print (community based newspapers and magazines) and electronic media platforms
  • Sponsor relevant community based events / programs
  • Leverage on the internet and social media platforms like; Instagram, Facebook , twitter, YouTube, Google + et al to promote our brand
  • Install our Bill Boards on strategic locations all around New York City.
  • Engage in road show from time to time
  • Distribute our fliers and handbills in target areas
  • Ensure that all our workers wear our branded shirts and all our vehicles are well branded with our company’s logo et al.

11. Our Budget & Expenditure

The cost of starting a hedge fund is in the two fold; the cost of setting up the office structure and of course the capital meant for investment. The amount required to invest in hedge funds could range from 1 Million US Dollars to even multiple Millions of Dollars. So you must employ aggressive strategies to pool such cash together.

As regard the cost of setting up the office structure, your concern should be to secure a good office facility in a busy business district; it can be expensive though, but that is one of the factors that will help you position your hedge fund firm to attract the kind of investors you would need.

This is the financial projection and costing for starting JB Moses & Associates, LLP;

  • The Total Fee for incorporating the Business – $750.
  • The budget for basic insurance policy covers, permits and business license – $2,500
  • The Amount needed to acquire a suitable Office facility in a business district 6 months (Re – Construction of the facility inclusive) – $40,000.
  • The Cost for equipping the office (computers, software applications, printers, fax machines, furniture, telephones, filing cabins, safety gadgets and electronics et al) – $5,000
  • The cost for purchase of the required software applications (CRM software, Accounting and Bookkeeping software and Payroll software et al) – $10,500
  • The Cost of Launching your official Website – $600
  • Budget for paying at least three employees for 3 months plus utility bills – $10,000
  • Additional Expenditure (Business cards, Signage, Adverts and Promotions et al) – $2,500
  • Investment fund – 1Million Dollars
  • Miscellaneous: $1,000

Going by the report from the market research and feasibility studies conducted, we will need $150,000 excluding $1M investment capital to successfully set – up a medium scale but standard hedge fund management firm in the United States of America.

12. Financial Projection

  • Sources of Income

JB Moses & Associates, LLP is established with the aim of maximizing profits in the hedge funds and investment services industry and we are going to go all the way to ensure that we do all it takes to attract clients on a regular basis. JB Moses & Associates, LLP will generate income by offering the following investment related services;

  • Offering equity long bias, equity long-only, equity long/short and equity market neutral funds
  • Offering fixed income funds
  • Offering emerging market funds
  • Offering event-driven funds
  • Offering multi-strategy funds
  • Offering macro funds
  • Offering distressed securities funds

Sales Forecast

One thing is certain, there would always be accredited investors, top corporate executives and wealthy individuals who would need the services of tested and trusted hedge fund managers.

We are well positioned to take on the available market in New York City and other key cities in the United States of America and we are quite optimistic that we will meet our set target of generating enough income / profits from the first six month of operations and grow the business and our clientele base beyond New York City to other cities in the United States of America.

We have been able to critically examine the hedge fund management market and we have analyzed our chances in the industry and we have been able to come up with the following sales forecast. The sales projection is based on information gathered on the field and some assumptions that are peculiar to similar startups in New York City.

Below is the sales projection for JB Moses & Associates, LLP, it is based on the location of our business and the wide range of investment management services that we will be offering;

  • First Year-:$250,000
  • Second Year-: $550,000
  • Third Year-: $1,500,000

N.B: This projection is done based on what is obtainable in the industry and with the assumption that there won’t be any major economic meltdown and there won’t be any major competitor offering same additional services as we do within same location. Please note that the above projection might be lower and at the same time it might be higher.

Generating Funding / Startup Capital for JB Moses & Associates, LLP

JB Moses & Associates, LLP is a business that will be owned and managed by Johnbull Moses and his business associates. They are the sole financial of the firm, but may likely welcome other partners later which is why they decided to restrict the sourcing of the start – up capital for the business to just three major sources.

These are the areas we intend generating our start – up capital;

  • Generate part of the start – up capital from personal savings
  • Source for soft loans from family members and friends
  • Apply for loan from my Bank

N.B: We have been able to generate about $50,000 (Personal savings $40,000 and soft loan from family members $10,000) and we are at the final stages of obtaining a loan facility of $100,000 from our bank. All the papers and document has been duly signed and submitted, the loan has been approved and any moment from now our account will be credited.

13. BUSINESS GROWTH: Sustainability and Expansion Strategy

The future of a business lies in the numbers of loyal customers that they have the capacity and competence of the employees, their investment strategy and the business structure. If all of these factors are missing from a business (company), then it won’t be too long before the business close shop.

One of our major goals of starting JB Moses & Associates, LLP is to build a business that will survive off its own cash flow without the need for injecting finance from external sources once the business is officially running. We know that one of the ways of gaining approval and winning customers over is to give investors good returns on their investment.

We will make sure that the right foundation, structures and processes are put in place to ensure that our staff welfare is well taken of. Our company’s corporate culture is designed to drive our business to greater heights and training and re – training of our workforce is at the top burner of our business strategy.

As a matter of fact, profit-sharing arrangement will be made available to all our management staff and it will be based on their performance for a period of three years or more as determined by the board of the organization. We know that if that is put in place, we will be able to successfully hire and retain the best hands we can get in the industry; they will be more committed to help us build the business of our dreams.

Check List / Milestone

  • Business Name Availability Check: Completed
  • Business Incorporation: Completed
  • Opening of Corporate Bank Accounts various banks in the United States: Completed
  • Opening Online Payment Platforms: Completed
  • Application and Obtaining Tax Payer’s ID: In Progress
  • Application for business license and permit: Completed
  • Purchase of All form of Insurance for the Business: Completed
  • Conducting Feasibility Studies: Completed
  • Generating part of the start – up capital from the founder: Completed
  • Applications for Loan from our Bankers: In Progress
  • Writing of Business Plan: Completed
  • Drafting of Employee’s Handbook: Completed
  • Drafting of Contract Documents: In Progress
  • Design of The Company’s Logo: Completed
  • Graphic Designs and Printing of Packaging Marketing / Promotional Materials: Completed
  • Recruitment of employees: In Progress
  • Purchase of the Needed software applications, furniture, office equipment, electronic appliances and facility facelift: In progress
  • Creating Official Website for the Company: In progress
  • Creating Awareness for the business (Business PR): In progress
  • Health and Safety and Fire Safety Arrangement: In progress
  • Establishing business relationship with vendors and key players in the industry: In progress
Ajaero Tony Martins